Do not fear the negative impact of exchange rate, LED lighting export boom continues to be good
In August, China's LED lighting export prosperity index was 52.2, which was in the boom zone, down 0.4 points from the previous month. This indicates that the overall situation of China's LED lighting exports in August was good, but it was slightly weaker than last month. China's LED lighting export scale, exchange rate fluctuations, packaged device price trends, corporate LED lighting export business revenue multiple due to August China's LED lighting export prosperity index of 52.2, in the boom zone, down 0.4 points from the previous month, which indicates August The overall situation of China's LED lighting exports is good, but it is slightly weaker than last month. This is mainly affected by the multiple factors of China's LED lighting export scale, exchange rate fluctuations, packaged device price trends, and corporate LED lighting export business revenue. High-tech LED lighting export monthly prosperity index Remarks: All index values ​​range from 40 to 60, 50 is the threshold of the prosperity index. When the prosperity index is greater than the critical value, the economic situation tends to rise or improve, and it is in a booming state. When the prosperity index is less than the critical value, it indicates that the economic situation tends to decline or deteriorate, and it is in a depressed state. The specific criteria are: 58 or more is a very prosperous zone, which is a recession zone, (47, 42) is a relatively sluggish zone, (42, 40) is a very sluggish zone. 2. GGII analysis of export scale index decline, export overall The growth was weak. In August, the total export value of China's LED lighting was 1.952 billion US dollars, down 7% from the previous month; the export volume was 1.869 billion, up 30% from the previous month; the scale index was down 7 percentage points from the previous month. The exchange rate index fluctuated and exported. Negative impact. In August, the exchange rate of the US dollar against the RMB decreased by 1.3% from the previous month, which had a negative impact on the development trend of LED lighting exports. The LED raw material index was stable, and the price of packaged devices tended to be stable. Since the end of August, the lighting market has entered the market. Entering the traditional off-season, the demand for lighting LEDs has cooled down, and the lighting package manufacturers' sales rate has declined, but it has not directly affected the terminal price of the products. The entire LED packaged devices 5630 (25-35), 2835 (10-24), 3030 The prices of (100-120) remained relatively stable, and there was no significant change compared with July. The LED lighting export business revenue index declined, and the export volume of mainstream enterprises decreased. In August, the LED lighting export business revenue index fell by 11 percentage points from the previous month, and the export volume of mainstream enterprises declined to a different extent from last month. Among them, Debon Lighting decreased by 1%, Rieter's letter decreased by 5%, and sunlight lighting declined. 4%, Topstar fell 2%, Foshan Lighting fell 13%.
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